Are Banks Doomed Now That Google Has Invested in Peer-to-Peer Lending?

By: Benzinga
Should banks be nervous? Not yet, but they should be paying attention to the fact that search giant, Google Inc. (NASDAQ: GOOG ), along with existing investor, Foundation Capital, just plunked down a $125 million investment in peer-to-peer lending platform, Lending Club. Peer-to-peer lending, of which Lending Club is one
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.